Zerodha....

[akhill]

You can create 3 separate drives and run the application separately.. To be able to place orders on behalf of others, you need to be a sub-broker in India..We presently don't offer that..

Thank you. I dont want to be a sub broker. I just wanted to manage my brother's account too for a while. will do it with splitting the drives.

 

[rookietyagi]

Dear Zerodha,

Today I have send you my Online form copy and other documents for opening the Account. Waiting to start playing...:clap:

My Reference should be given to Traderji and all seniors..

 

[GTji]

hmm.. it is quite the contrary..

check this out: http://www.nseindia.com/content/press/RealTimeTariff.pdf

I know a few data vendors and they are struggling to survive.. So if a vendor wants to give data from NSE(equity and f&o), he has to pay Rs 56lks every year to NSE + 1000 Rs/month/terminal.... So imagine the money NSE makes and how much margin the data vendors have.. It is a very tough business for them today, especially when markets are not doing that great and a lot plugins/other vendors not authorized providing it at a fraction of that cost..

So if someone is charging you 25k a year for data, he has to pay NSE 12000 + the interest cost(interest and capital cost on the 56lks deployed).. oh and yeah another thing this cost I mentioned is only for the level 1 data, tick by tick etc costs twice as much..

Obviously, they will be struggling if they charge so high and nobody wants to buy. Why don't they just sell it cheaper and get more customer on lesser margins. And come-on, everybody does not need 200 symbols, they can charge per symbol basis and make everybody happy. Otherwise, they should stop their business if their struggling so much and start selling plug-ins instead. They need to promote their data vending intelligently, by educating the potential users about the importance of using their data in charting softwares like AB and MS to make profits. Instead they want you to buy licensed AB and only then their data can be streamed into AB. How silly, cause probably more than 90% AB users are probably using cracked versions and don't want to spend 15 k for a licensed version, forget about the 1500 per month for data. Instead, data vendors should tie up with charting software companies like AB and MS and try to promote their products by either giving big discounts or a fully functional demo for an extended period of time. Best is to forget about the data vending business, just sell us the plug-ins. ( sorry I am just ranting, I really don't know anything about data vending business)

 

[megapixel]

Hi Zerodha,

I have two queries . Could you please reply to these queries ? (I'm using nowonline and now mobile for equity shares trading)


(Q1) If I do a CNC SELL today when I shall get the cash ?

I am asking the time frame because I want to do a CNC BUY of another scrip as soon as I get the cash from the previous CNC SELL.

I'm not sure but does the money gets credited on the same day of CNC SELL and can I go for a CNC BUY with that money on the same day ?

Could you please explain this part. I find it confusing.


(Q2) If I do multiple CNC BUY of Equity shares ...how do I find how much Cash is available in the account after all order execution ?
Which menu and column/head to look at for balance in NOW ? You know, this will help me to decide whether I have enough balance to BUY more scrips .

 

[newbie12345]

@ newbie, I remember you posting, the only problem faced with Zerodha Traders is that in Nest Plus, the intraday data contains lot of zeroes in either O/H/L/C which makes the chart backfilling a nightmare.if something could be done in this matter. I don't know if it was you or someone else, but I had it on my list to do..

This issue has been fixed... No more Zeros..

Thanks Sachin. I had managed to get around that problem by adding another line to my Amibroker formats file. $NOQUOTES 1

 

[my investment]

I am going to be 50 soon might quit trading in some time are you really coming up with margin against stocks to write options before i retire

I intend to retire at 55 :clap:

 

[pradeep_8088]

can't login on now trading software,it just completes 35% and stops there

EDIT:NOW working after 5-10mins

 

[sr114]

Zerodha

as you mentioned that you hace received the exchange confirmation for Nest Trader, so can we expect that from next week we can see the integrated Z Trader combining all the exchanges in a single platform?

sr

 

[lvgandhi]

Any reason for decrease in Banknifty jun12 fut discount reducing from 60 to 20 today?

 

[soft_trader]

Any reason for decrease in Banknifty jun12 fut discount reducing from 60 to 20 today?

coz, fresh buying is happening in anticipation of the rate cut hope on Monday. I am not sure though. Experts may give u a more accurate answer.